5 Technology Areas to Improve Your Bottom Line

How well is your business doing in the 21st century?

Still looking to catapult your business into the abyss of success? The solution options are endless. Will you revamp your training program? Invest in the latest products for your business? Regardless of your industry, there’s one main caveat to push your business forward:

Technology! 

I mean, it’s almost 2020… If you haven’t found a way to incorporate tech to grow your business, no worries -- we can help. Here’s your chance to explore the key successful avenues to push your business into a place of improved productivity, organization, and most importantly, SALES.

Check out these 5 key areas that can slingshot your business to hit target goals:

1. Task Management Software Can Save Thousands of Dollars and Hours

As deadlines pile up and an overflow of work needs to be completed, you need a system to categorize the endless list of tasks. Finding a task management software such as Asana, Airtable, Flowlu, or Ora, can really help you keep track of the short and long-term goals/projects for your business. Life is hectic and it’s impossible to remember everything -- so instead of falling behind, set your team up for success by having a home base for the workload.

2. Personnel Training Increases Productivity and Improves Bottom Line

The on-boarding process is vital, setting the tone new hires and standard of what’s expected. Creating a uniform platform of information ensures everyone receives the same message. Saves time, money, and avoids inconsistency in training, costing you sales, sounds like a win-win situation. Avoid the blame game when liability becomes a factor and eliminate the “telephone” streamline. There will be no shooting of the messenger here. Offices can implement online training through tools like Teachable, SkyPrep and more to keep the training evergreen and easily accessible. A study by American Society for Training and Development (ASTD) showed that companies that invest the most in workplace learning yielded higher net sales per employee, higher gross profits per employee, and a higher ratio in market-to-book values. Be sure to review your training every six months to stay up to date, relevant and consistent with industry changes.

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3. Incorporate Your Services or Products on an App

Let’s face it, we live in a day and age, where you don’t have to walk to the nearest river to get your supply of water. You can have it delivered to your doorstep along with all of your groceries. Transfer of labor works in your favor now, saving you time and resources, if you develop an application for customer use or enlist a popular application to deliver your products and services. Whether it is Amazon, DoorDash, or Angie’s List, you can capitalize on the fact that people constantly use their phones to access what they want quickly and easily. This doesn’t even scratch the surface of what can be accomplished by simultaneously implementing social media campaigns and advertising to boost your sales. All you need to do is be available for them to click on! Make it happen!

4. A High Performing Website

If you don’t have a website to book appointments, sell and advertise your products/services, and be readily available to your consumers, you’re waaay behind the competition. Potential customers are already almost 70% of the way through their buying decision before they pick up the phone. Your website is the biggest factor for consumers choosing their provider. Find yourself a good Digital Agency like ALL MAVEN that cannot only address your website needs, but also marketing efforts to help you thrive. If your website isn’t performing well, consider getting an analysis and SEO report. We’re in the digital age, so get ahead of the game.

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5. Copy Machines Still Rock

Who runs the business world? Paperwork. Often overlooked piece of the business world as technology has shifted the business model, but we NEED paper. The copier is still a great piece of technology that helps business progress. Imagine going to a meeting and not everyone has an electronic device -- hard copies are helpful! Science tells us there is still something helpful about being able to take notes on paper. If you can’t find it on a document, form, or contract, it holds no weight. Ensure that you have the right copier for privacy, accuracy, and quality. Whether you need to lease, rent, or buy, here at Logicopy we can help you!  Reach out to us and one of our amazing team members will assist you in every aspect of the process or get a quick quote online.

Deliberate into what program, tool, or resource could your business invest in to utilize and expand what you have already. Don’t let your yearnings get ahead of your earnings. All of these ways listed can provide you with cost-efficient expansion. You have brought your venture this far, keep moving forward.